One year until The EU General Data Protection Regulation: The business world speaks out about the biggest ever overhaul of data legislation May 25, 2017 Exactly one year from today, “the most lobbied piece of legislation in history” – the EU’s General Data Protection Regulation (GDPR) – will be enacted, radically overhauling the relationship businesses have with personal data through a raft of new obligations and consumer rights. The way firms collect, store, process and protect the personal information of [...]
Party donors: Here are the biggest names bank-rolling the Conservative campaign May 18, 2017 As the Conservatives launched their policies today, the money behind the Tory manifesto was revealed. The Electoral Commission has published the names of party donors who have given more than £7,500 to a party between 3 May and 9 May, giving an insight into who wants Prime Minister Theresa May back in Number 10. Read [...]
Will the Football League’s iFollow platform usher in a streaming revolution that reaches the Premier League? May 8, 2017 We can now watch Hollywood films without ever having to buy a DVD or go to a cinema, listen to music without owning a single CD, and keep up to date with the news without ever stepping into a newsagent. The advent of smartphones and streaming services such as Netflix and Spotify have revolutionised consumer [...]
Sunday Times Rich List 2017: The wealth of Britain’s billionaires has boomed despite Brexit, but Mike Ashley, Sir Philip Green and Selfridges owning Weston family lose millions May 7, 2017 The wealth of Britain’s richest has rocketed with more billionaires than ever before, new figures reveal. Brexit failed to derail the rise of the super-rich and the collective cash of the world’s wealthiest topped a whopping £658bn – that’s up 14 per cent on last year. There are now 14 more billionaires in Britain than [...]
Mercedes GLK 250 review: We travel to Bahrain, the Monaco of the Middle East, to test drive Mercedes’ junior SUV May 3, 2017 It’s appropriate that Bahrain should celebrate high-octane sports; it was here that oil was first discovered in the Gulf, after all. Fireworks explode in a riot of colours overhead as Sebastian Vettel’s Ferrari takes the Bahrain Grand Prix’s chequered flag, followed by Lewis Hamilton six seconds later as the sky above the grandstands erupts. The [...]
Where things stand one year after BHS went into administration April 25, 2017 BHS was almost 90 years old when it went into administration a year ago today, but all that remains of its legacy now is a string of empty shops and an online store. When retail tycoon Sir Philip Green sold the chain for just £1 to serial bankrupt Dominic Chappell in 2015, he set off [...]
How can we build a culture of better decisions? April 20, 2017 We could all make better decisions. Whether it involves buying or selling an investment, hiring an employee, or considering an important life choice, making better decisions produces non-linear returns. Repeated bad choices, on the other hand, lead to a long road of frustration. As anyone who’s read Daniel Kahneman’s Thinking, Fast and Slow or Michael [...]
Votes on boardroom pay could become legally binding in the near future, as the government mulls feedback from corporate governance consultation March 19, 2017 Shareholders could be given the right to block bumper pay packets for companies' executive teams in the much-anticipated upcoming white paper on corporate governance. The Department for Business, Energy and Industrial Strategy has run a consultation on corporate governance, including executive pay and whether pay votes should be binding, which closed for feedback last month. At [...]
George Osborne’s successor Philip Hammond will have a say in whether he can take his new job as Evening Standard editor March 17, 2017 Chancellor Philip Hammond will play a direct part in the decision made by the government’s Advisory Committee on Business Appointments (Acoba) on his predecessor George Osborne’s new role as editor of the Evening Standard. Acoba, the body tasked with scrutinising appointments, will ask relevant government departments for their opinions on whether the new job will [...]
21st Century Fox £12bn takeover of Sky has been referred to regulators Ofcom and the CMA by culture secretary Karen Bradley March 16, 2017 The bid by Rupert Murdoch's 21st Century Fox to take over Sky has been referred to regulators by the culture secretary. Karen Bradley confirmed her decision this morning after already announcing she was “minded” to do so. Broadcast regulator Ofcom will examine “public interest considerations” and the Competition and Markets Authority (CMA) “jurisdiction issues”. Read more: Sky takeover [...]